Money transfers to Uzbekistan reached $15.2 billion in 9 months

The positive balance of international transfers amounted to $13.2 billion

In January–September 2026, Uzbekistan received $15.2 billion via international money transfer systems. Over the same period, residents and organizations sent about $2 billion abroad, resulting in a positive balance of $13.2 billion. These data were provided by the country's Central Bank in its review of the domestic foreign exchange market. A year earlier, the inflow stood at $13.9 billion and the outflow at $1.9 billion. In January–September 2024, the figures were $11.3 billion and $2.1 billion, respectively.

At the same time, the volume of foreign currency sold by the population to commercial banks increased. Over the 9 months, the figure reached $18.9 billion, exceeding the result of the same period in 2025 by 1.2 times. The regulator considers the positive balance of transactions by individuals with banks as an additional source of foreign currency supply in the domestic market. Total foreign currency supply, excluding Central Bank operations, grew by 25.3% to $43.8 billion, while demand rose by 17.9%, reaching $50.4 billion.

Image source: uzdaily.uz // Image generated with AI

In January–September, the exchange rate of the som against the dollar was in the range of 11,765–12,320 soms. By the end of September, the US currency was worth 11,821 soms, which corresponded to a 1.5% strengthening of the national currency since the beginning of the year. Meanwhile, the dynamics of remittances show steady growth in inflows over the past three years, while the volume of funds sent from the country remains at approximately $2 billion over comparable periods.